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News release

San Diego

Prominent San Diego Brokerage Team Moves to Jones Lang LaSalle

Team’s portfolio includes approximately five million square feet of office, industrial and life science product


SAN DIEGO, CALIF., January 21, 2010 – Jones Lang LaSalle announced today that five top brokers have joined its San Diego office. Jay Alexander, SIOR; Chad Urie; Tim Olson; Ryan Grove, SIOR; and Grant Schoneman bring skills and contacts that will expand Jones Lang LaSalle’s commercial real estate brokerage, capital markets and project and development services platforms in San Diego.
 
The team, formerly with Colliers International, has a current portfolio of properties consisting of approximately five million square feet in over 30 projects and consists of office, research and development, industrial and life science properties.
 
“This team’s breadth and depth of experience will be a great benefit to our clients,” said Jan Pope, Jones Lang LaSalle’s Southern California Market Director. “They represent some of the top talent in the San Diego brokerage community and we are thrilled to have them as part of our team.”
 
Alexander, who will serve as Managing Director, specializes in commercial, industrial, research and development property marketing, investment sales and corporate representation. Throughout his 20 year career Alexander has handled more than 2,000 industrial, research and development and office lease and sale transactions with value exceeding $1.1 billion. He was a Senior Vice President at Colliers and was the region’s top producer the last two years.
 
Urie, who joins Jones Lang LaSalle as an Executive Vice President, specializes in owner representation, corporate tenant representation, portfolio review and market analysis within central San Diego County. His clients range from significant regional corporations to large public REIT’s who require expert counsel in managing their real estate portfolio. Urie served as a Senior Vice President at Colliers.
 
Grove, who will serve as Senior Vice President, specializes in industrial, research and development and corporate headquarters property marketing within central and Interstate 15 corridor markets in San Diego. A 12 year veteran in the San Diego commercial real estate market, Grove has handled more than 400 lease and sale transactions representing approximately $650 million in value. Grove previously served as a Senior Vice President at Colliers.
 
Olson, who will serve as Vice President, specializes in owner representation, corporate tenant representation, portfolio review and market analysis within central San Diego County. Since 2004, Olson has been involved in nearly 2.2 million square feet of sale and lease transactions valued at more than $450 million. Olson was previously a Vice President at Colliers.
 
Schoneman, who will serve as Associate with the Life Sciences Group, specializes in owner representation, tenant representation and market analysis. His clients include many of San Diego’s best companies including: BioMed Realty, Amylin Pharmaceuticals and Alexandria Real Estate Equities. He was previously an Associate at Colliers.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $37 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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